COLGATE-PALMOLIVE (INDIA) LTD. has reported financial results for the period ended June 30, 2020.
Financial Results (Q1 FY 2020-21) - QoQ Comparison
The company has reported total income of Rs.1046.90 crores during the period ended June 30, 2020 as compared to Rs.1090.90 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.198.18 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.204.15 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.7.29 for the period ended June 30, 2020 as compared to Rs.7.51 for the period ended March 31, 2020.
|
Total Income | ₹ 1046.90 crs | ₹ 1090.90 crs | -4.03% |
Net Profit | ₹ 198.18 crs | ₹ 204.15 crs | -2.92% |
EPS | ₹ 7.29 | ₹ 7.51 | -2.93% |
Financial Results (Q1 FY 2020-21) - YoY ComparisonThe company has reported total income of Rs.1046.90 crores during the period ended June 30, 2020 as compared to Rs.1100.03 crores during the period ended June 30, 2019.
The company has posted net profit / (loss) of Rs.198.18 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.169.11 crores for the period ended June 30, 2019.
The company has reported EPS of Rs.7.29 for the period ended June 30, 2020 as compared to Rs.6.22 for the period ended June 30, 2019.
|
Total Income | ₹ 1046.90 crs | ₹ 1100.03 crs | -4.83% |
Net Profit | ₹ 198.18 crs | ₹ 169.11 crs | 17.19% |
EPS | ₹ 7.29 | ₹ 6.22 | 17.2% |
Q1 2020-21: Colgate-Palmolive (India) Limited today reported Net Sales of Rs. 1033.6 crore for the quarter ended June 30, 2020, a decrease of 3.9% over the same quarter of the previous year. Reported Net profit after tax for the quarter was Rs. 198.2 crore as against the Net Profit of Rs. 169.1 crore for the same quarter of the previous year.
Mr. Ram Raghavan, Managing Director at Colgate-Palmolive (India) Ltd, said, "Despite a challenging start to the quarter, we are pleased with the results and pace of growth as the quarter progressed.
Our toothpaste business delivered positive sales growth for the quarter reflecting the strengthening brand attributes and portfolio performance. Brand penetration remained strong signaling the continued trust and faith consumers have with our brand. The toothbrush category, being more discretionary in nature, did impact our overall results.
Our sharp focus aimed at fulfilling demand and ensuring uninterrupted access ensured agile and innovative approaches, specifically in our Supply Chain and Distribution efforts. Our disciplined approach to managing all revenue and cost drivers, despite all the uncertainties and challenges around us on account of the pandemic, drove improvements in key financial metrics with gross margins and EBITDA at 65.9% and 29.8% respectively.
As an organisation we continue to live our values and remain focussed on the health and well being of our consumers, customers, business partners and employees - that remains our key priority."
Shares of COLGATE-PALMOLIVE (INDIA) LTD. was last trading in BSE at Rs.1391.6 as compared to the previous close of Rs. 1385.9. The total number of shares traded during the day was 52182 in over 1517 trades.
The stock hit an intraday high of Rs. 1400.2 and intraday low of 1382.95. The net turnover during the day was Rs. 72725018.
Source : Equity Bulls
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